[geno149]

I agree with you - that wording is unfortunate.

That being said, better to think of the risk profile questions in the demo as "dummy data". And it's pretty easy to change.

Go to Advisor -> Proposals -> Edit and update the questions. Here's a gif - http://i.imgur.com/DsZx51m.gif

What's even cooler, thought, is that this "dummy data" is loaded with fixtures. Meaning we can update it and next time you or I install wealthbot.io, no more poorly worded question! Another gif - http://i.imgur.com/1QATMeC.gif

Finally, a quick note on robo advisors. These are great services, wealthbot.io doesn't compete with them. That being said, there is no such thing as a free lunch. Be weary of Schwab's portfolio suggestions, as the CEO of Wealthfront mentions in this article - https://medium.com/@adamnash/broken-values-bottom-lines-3d55...

[pbreit]

That also makes me think this is a potential legal nightmare for RIAs using it. Those survey questions you see on other sites (and pretty much all the text on the page) has gone through a ridiculous amount of legal review before it goes live.

[vladko]

that would be true for any public-facing text, which relates to financial advice. a good CFA (RIA) knows what to ask and how to ask, it's not really that complicated.

[pbreit]

"that would be true for any public-facing text, which relates to financial advice"

When coming from an RIA or other regulated entity, yes.